Economy

Shell and Cosan remain deadlocked in negotiations to recapitalize Raízen, which is valued near R$ 7 billion on Brazil’s B3 stock exchange. Shell has offered a R$ 3.5 billion capital injection but insists on proportional participation from Cosan, while Cosan, supported by BTG Pactual, favors a R$ 3 billion infusion combined with business separation and

Ongoing geopolitical tensions in the Middle East continue to inject volatility into the oil market, influencing Brazilian oil equities differently despite the fluctuating global oil prices. Investors are closely watching operational developments and regulatory approvals among major Brazilian players as the international oil price outlook remains uncertain. Petrobras shares presented mixed results recently, with preferred

Ongoing geopolitical tensions in the Middle East continue to inject volatility into the oil market, influencing Brazilian oil equities differently despite the fluctuating global oil prices. Investors are closely watching operational developments and regulatory approvals among major Brazilian players as the international oil price outlook remains uncertain. Petrobras shares presented mixed results recently, with preferred